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Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here

DealerTrack Highlights Quarterly Growth

Nick Zulovich
LAKE SUCCESS, N.Y. — Despite what it called moves by some of its financing source customers to curb credit origination volume, DealerTrack Holdings reported a strong upswing in revenue growth for the first quarter of 2008, the company stated. According to officials, ... [Read More]

DriveTime Boosts Credit Facilities

Nick Zulovich
PHOENIX — DriveTime announced earlier this week that it has significantly expanded the company's primary credit facilities and bolstered its capital. According to officials, DriveTime boosted it warehouse credit facilities on Apr. 29 to a combined $735 million from $500 million. ... [Read More]

Cypress Software Systems Joins NAF Association

Nick Zulovich
NORTH RICHLAND HILLS, Texas — Cypress Software Systems, which specializes in developing automated credit-application decision support technology, recently announced that the company has become a member of the National Automotive Finance Association. "Our membership with the NAF Association will help us ... [Read More]

Special Finance Convention Releases Dates, Location

Nick Zulovich
SARASOTA, Fla. — Auto Dealer Monthly recently unveiled the dates and location for its 2008 Special Finance Convention, which is scheduled for Aug. 17 to 19 at the Fairmont in Dallas. "With our educational programs available based on skill and sales ... [Read More]

One Topic Grabs the Minds of Those at NABD This Year

Nick Zulovich
LAS VEGAS — The National Alliance of Buy-Here, Pay-Here Dealers wrapped up its first day of workshops Tuesday, and the topic of the day, and perhaps the entire annual conference, was the need for change.  Such speakers as Ingram Walters, Michael ... [Read More]

Another Day Brings Another Round of Experts for NABD

Nick Zulovich
LAS VEGAS — Continuing the theme from Tuesday's educational sessions, today's National Alliance of Buy-Here, Pay-Here Dealers' schedule has another round of top industry experts slated to discuss a variety of challenges found in the auto industry. For instance, Tom Kontos, ... [Read More]

Companies to Offer Expert Advice to BHPH Dealers

Nick Zulovich
LAS VEGAS — Two vendor presentations, along with a welcome reception, will take center stage today as the National Alliance of Buy-Here, Pay-Here Dealers conference begins. At 1 p.m. to 2 p.m. PassTime Security Systems, PayTeck Pay Technologies and Sekurus/OnTime, will ... [Read More]

Consumer Bankruptcies Spike in April

Nick Zulovich
ALEXANDRIA, Va. — Mirroring widespread financial woes in the American economy, the number of the U.S. consumer bankruptcy filings are on a significant upswing, indicated recent findings. According to the American Bankruptcy Institute (using data from the National Bankruptcy Research Center), the ... [Read More]

Daimler Financial Expansion Set to Boost Texas Economy

Nick Zulovich
FORT WORTH, Texas — According to recent data from a research group, Daimler Financial Services Americas' upcoming expansion into north Texas could significantly bolster the area's economy and bring more than 200 new jobs. Insight Research of Dallas estimated that the ... [Read More]

Attorneys Offer Free Online Class-Action Lawsuit Prevention Seminar

Nick Zulovich
PORTLAND, Ore. — Compli recently announced that two attorneys with industry expertise will be presenting a free online seminar discussing issues pertaining to class-action lawsuits. Aaron Jacoby of Venable, LLP, and Rob Cohen of Auto Advisory Services are hosting "Class Action ... [Read More]

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